Piccadily Sugar to sell its sugar mill division

Written By Unknown on Senin, 23 Maret 2015 | 10.54

Piccadily Sugar & Allied Industries has considered to sell, transfer, dispose of whole or substantially the whole of the Sugar Mill (division) of the Company including Land & Building, Plant and Machinery & other assets both moveable & immoveable located at Jakhal Road, Patran, Distt. Patiala, Punjab.

Piccadily Sugar & Allied Industries Ltd has informed BSE that the board of directors of the Company has considered to sell, transfer, dispose of whole or substantially the whole of the Sugar Mill (division) of the Company including Land & Building, Plant and Machinery & other assets both moveable & immoveable located at Jakhal Road, Patran, Distt. Patiala, Punjab.It is has been decided to seek approval of the shareholders of the Company under section 180(1) (a) of the Companies Act 2013 through Postal Ballot.Source : BSE

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